Ireland IV Catheters and Consumables Market

The Ireland Veterinary IV Catheters and Consumables market was estimated to be USD xx Million in 2019 and is anticipated to touch USD xx Million by the end of 2027, while increasing at a CAGR of 3% to 5% during the forecast period (2020-2027).

Introduction of the Ireland Veterinary IV Catheter and Consumables Market Report

IV catheter is the process by which the cannula is inserted into a vein in order to provide venous access for the medical professional. They are primarily used for therapeutic purposes such as administration of medications, fluids and/or blood products as well as blood sampling. Catheters come in different lengths and sizes. Generally longer catheters are more stable for huge animals such as cows, horses, and others.

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Market Dynamic

Key Drivers and Emerging Trends

Increasing number of incidences related to diseases in animals stands to be the primary factor for the market growth of IV catheters. Ticks and Tick-borne in dogs and cats, respiratory diseases in pig, bovine tuberculosis (TB) and Johne’s disease are some of the common diseases in animals in the country. Cardiac diseases are also common in dogs. As per the global veterinary community, approximately 900 and 200 hereditary diseases and genetic predispositions are recognized in dogs and cats, respectively. Hence, requirement for the treatment of animals will surge the growth of IV catheters in the country.

Furthermore, the growing adoption of both companion animals and livestock in the country. During the year 2019, the estimated number of pet dogs in the country reached approx. 450,000, while for cats it was measured at approx. 325,000. Additionally, as per the Central Statistics Office (CSO), Ireland’s national statistical office, the number of total cattle increased by 105,800 to 7,314,400 in 2020. Such population growth has further increased the growth of veterinary clinics and hospitals in the country which will indirectly surge the demand for IV catheter and other consumables.

Restraint in the Ireland Veterinary IV Catheter and Consumables Market

Stringent regulatory policy and approval of IV catheters stands to be one of the major restraining factor in the market.

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Product Type – Segment Analysis

Based on product type, IV catheters segment dominate the market and is expected to retain its market position during the forecast period. The major factors supplementing the growth of the IV catheters market are the increasing prevalence of chronic cardiovascular diseases in pets. Moreover, the increasing adoption of companion animals, such as dogs and cats are another factor that is significantly contributing to the growth of the market.

Animal Type – Segment Analysis

Based on the animal type, the companion animals’ segment is expected to witness a faster growth during the forecast period. The rising trend of pet humanisation along with the increasing spending on animal health is expected to surge market growth.

End-User Type – Segment Analysis

Based on end-user, the veterinary clinics is expected to witness a high CAGR growth in the coming years. Increasing number of veterinarians and the growing adoption of pets plays a crucial role in the market development. Furthermore, ease of convenience and dedicated medical support and assistance from the vets will further create opportunities in this segment.

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Segments covered in the Report:

The Veterinary IV Catheters market is segmented into product type, animal type and end-user. Based on the product type, the market has been segmented into IV Catheters, Tapes, Bandages and Absorbents, Stitch Cutters. Based on the Animal Type, the market has been segmented into Companion, and Livestock. Based on the end-user type, the market has been segmented into Hospitals, Clinics, Home Care and Mobile Veterinary Services.

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Key questions answered in this research report:

• • At what pace is Ireland Veterinary IV Catheter and Consumables market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Ireland Veterinary IV Catheter and Consumables market? What will be the impact of drivers and restraints in the future?
  • Which product type generated maximum revenues in 2019 and identify the most promising product type during the forecast period?
  • What animal type segment in leading in Ireland Veterinary IV Catheter and Consumables market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Ireland Veterinary IV Catheter and Consumables Market by Product Type

• • IV Catheter
  • Tapes, Bandages and Absorbents
  • Stitch Cutters

Ireland Veterinary IV Catheter and Consumables Market by Animal Type

• • Companion
  • Livestock

Ireland Veterinary IV Catheter and Consumables Market by End-User

• • Hospitals
  • Clinics
  • Home Clinics
  • Mobile Veterinary Services